Hotels and casinos are not the only asset types benefiting from the rebound in Las Vegas tourism. Retail landlords are wielding historical pricing power—the average retail rent in the Las Vegas Valley has increased by 8.7% year over year at the end of August—and rent growth ranks second among major U.S. markets.
Las Vegas Market Ranks Second for Retail Rent Growth in US
Annual Rent Growth Hits 8.7% in August
CoStar Analytics
September 8, 2023 | 5:27 P.M.
RELATED ARTICLES
This news story is available exclusively to CoStar subscribers.
Watch the video to learn how you can access industry leading CRE news and the data analytics you need to drive success.
This news story is available exclusively to CoStar subscribers.
Ready to Learn More?
Sign Up For a Personalized Demo.
Sign Up For a Demo To Learn More.
Already A Subscriber? Sign In
IN THIS ARTICLE
- Properties
- La Bonita Supermarket
5051 Bonanza Rd, Las Vegas, NV